Asian banks are failing on climate by channeling billions into coal, report says

February 25, 2021

Asian banks are failing on climate by channeling billions into coal, report says
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Many of the world's leading financial institutions have pledged in recent years to slash their support for the coal and oil industries. But a new report has found that hundreds of billions of dollars are still being channeled into fossil fuels, and Asia's banks are doing much of that business.